Concern Over Japanese Economic Situation
Arrival of Japanese Premier Yoshida for conferences with President Eisenhower and other government officials brings to public attention the concern over Japan's economic situation that has been growing for months in official quarters. The United States and other free nations have been disturbed by the fact that, at the very time they have been striving to bolster their collective defenses in the Far East, Japan's trade and financial position has been steadily deteriorating. They realize that, unless ways can be found to avert the grave economic troubles threatening that nation, Japan hardly will be able to stand as a strong bulwark against the spread of Communism in Asia.
Yoshida's visit to the United States climaxes a good-will journey that has taken ...